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NCC Group purchases IPM for $220m | Security News

NCC Group plc announces the signing of an agreement for the proposed acquisition of the Intellectual Property Management business (the “IPM Business”) of Iron Mountain Inc., comprising. ....

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Investegate |NCC Group PLC Announcements | NCC Group PLC: Publication of Circular and Notice of GM


 
NCC Group exists to make the world safer and more secure. As global experts in cyber security and risk mitigation, NCC Group is trusted by over 14,000 customers worldwide to protect their most critical assets from the ever-changing threat landscape. With the company s knowledge, experience and global footprint, it is best placed to help organisations assess, develop and manage their cyber resilience posture.
To support its mission, NCC Group continually invests in research and innovation and is passionate about developing the next generation of cyber scientists.  With circa 2,000 colleagues in 12 countries, NCC Group has a significant market presence in North America, Europe and the UK, and a rapidly growing footprint in Asia Pacific with offices in Australia, Japan and Singapore. ....

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NCC Group fundraises to acquire IP management unit of Iron Mountain


NCC Group fundraises to acquire IP management unit of Iron Mountain
Thu, 13th May 2021 12:47
(Alliance News) - IT security company NCC Group PLC on Thursday said it has agreed to buy the intellectual property management business of Iron Mountain Inc for USD220 million in cash, partly funded by a share issue.
The transaction comprises substantially all of the assets of Iron Mountain Intellectual Property Management Inc, together with some other assets of affiliates of Iron Mountain. Iron Mountain Intellectual Property reported revenue of USD32.9 million and earnings before interest, tax, depreciation and amortization of USD21.6 million for 2020.
The proposed transaction is expected to provide NCC with a number of financial benefits, it noted, as well as a greater global presence. ....

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